New Zealand Energy Corp's stock has seen notable fluctuations this week, particularly following recent corporate developments.
New Zealand Energy Corp (NZ.V) has reported a recent amendment to its gas supply agreement, which has influenced market sentiment and trading activity. The stock closed at C$0.41, reflecting a slight decline of 1.09% on Thursday but an overall gain of 8.33% for the week.
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New Zealand Energy Corp
NZ.V
NZ.V
New Zealand Energy Corp
WealthAwesomeMarket cap
$25.42M
52W high
$0.67
52W low
$0.18
1W change
+8.33%
Beta
2.39
Analyst Price Targets
Based on analyst covering NZ · as of Oct 7, 2026
Wall Street analysts forecast NZ stock price to rise 254.2% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$1.61
+254.2% Upside
Previously C$1.61 on Oct 5, 2026
Current Price
C$0.46
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on NZ's historical volatility
30-Day Vol
89.1%
Annualized
90-Day Vol
87.8%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$0.35
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$0.39 | C$0.29 – C$0.53 |
| 60 trading days | C$0.37 | C$0.24 – C$0.57 |
| 90 trading days | C$0.35 | C$0.20 – C$0.59 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: Investors should consider the implications of the recent gas supply agreement amendment and the company's performance metrics as they evaluate NZ.V's potential in the energy sector.
C$0.41 close with 1D decline of 1.09%.
The stock has gained 75.00% year-to-date, highlighting its strong performance despite recent volatility.
Bull case
The amendment to the gas supply agreement could lead to better operational stability and improved revenue potential. This has analysts feeling optimistic about the stock's future.
Bear case
Despite recent gains, the company's negative profit margin and high beta signal significant risk and volatility. Investors should approach with caution.
Recent Price Action and Company News
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New Zealand Energy Corp's stock has experienced mixed performance recently. On Thursday, it closed at C$0.41, down 1.09% for the day. However, the stock has risen 8.33% over the past week and 5.81% over the last month. This price action follows an announcement made on September 28, 2026, regarding an amendment to the gas supply agreement, which is expected to enhance the company's operational capabilities and potentially improve its revenue outlook. These developments may have contributed to the positive market sentiment observed this week.
Technical Picture
From a technical standpoint, New Zealand Energy Corp's stock is currently trading below its 50-day moving average of C$0.43, indicating a short-term bearish sentiment. However, it is above its 200-day moving average of C$0.40, suggesting a longer-term bullish trend. The stock's 52-week range is C$0.18 to C$0.67, with the current price representing 48% of that range. The stock has a beta of 2.39, indicating higher volatility compared to the broader market. Trading volume has been notably low, with only 500 shares changing hands on the latest trading day, significantly below the 20-day average volume of 58,904 shares.
Market Fundamentals
New Zealand Energy Corp's market capitalization stands at approximately C$25.42 million. The company's financial health remains a concern, as indicated by a profit margin of -137.3% and a return on equity (ROE) of -206.2%. The trailing twelve-month earnings per share (EPS) is reported at -0.18, reflecting ongoing operational challenges. Despite these issues, analysts maintain a bullish outlook with an average target price of C$1.61, suggesting a potential upside of 288.3% from the current price level.
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